NMIMS Mumbai Scholarship 2025

Vile Parle West, MumbaiDeemed to be UniversityEstd 1981NAAC Grade A++ 3.6
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NMIMS Mumbai students get a Central Sector Scheme of Scholarship for economically weaker sections from General, SC, ST & physically handicapped categories. This scholarship is awarded on the basis of Senior Secondary Examination. Total number of scholarships has been divided amongst the State Education Boards based on the State's population in the age group between 18-25 years. Students having above 80th percentile & with family income of less than INR 6 LPA will get INR 1000 per month at graduation level & INR 2000 per month at postgraduate level. Students pursuing professional courses will get INR 2000 per month in the 4th & 5 th year. The scholarship is paid for 10 months in an academic year. 
 

 

NMIMS Mumbai Scholarship: How to Apply

Eligible students can follow the below mentioned process to apply for NMIMS Mumbai scholarship:

Steps Process
Step 1 Fill in the scholarship form available in the official portal with in 10 month of enrollment in the institution
Step 2 Necessary details to be uploaded to critically evaluate the eligibility of the students 
Step 3 NMIMS thoroughly evaluates the scholarship applications
Step 4 Eligible students are awarded the scholarship for a stipulated duration. Students can check the status on the portal 
Step 5 The scholarship amount is directly credited to the provided bank account
 

NMIMS Mumbai Scholarship FAQs

Ques. Is there any scholarship in NMIMS Mumbai?

Ans. NMIMS Mumbai students get a Central Sector Scheme of Scholarship for economically weaker sections from General, SC, ST & physically handicapped categories. Students having above 80th percentile & with family income of less than INR 6 LPA will get INR 1000 per month at graduation level & INR 2000 per month at postgraduate level. Students pursuing professional courses will get INR 2000 per month in the 4th & 5 th year. The scholarship is paid for 10 months in an academic year.

Ques. What is the eligibility criteria for applying in NMIMS Mumbai scholarship?

Ans. The eligibility criteria for applying in NMIMS Mumbai scholarship:

  • Students should have above 80th percentile marks in 12th.
  • The age group should be between 18-25 years.
  • family income should be less than INR 6 LPA.

NMIMS Mumbai: Students' Opinion

AI-Generated Summary based on 1048 Reviews

NMIMS does not offer a comprehensive scholarship program, although there are some scholarship opportunities based on merit, such as for students who rank in the top 50 of the NMAT exam, receiving a scholarship of INR 2 lakhs. Additionally, scholarships may be available for students from government employee families or those with a family income less than INR 8 lakhs, but these come with several conditions. There is no scholarship for general merit students or financial aid provided by the college itself.

However, NMIMS has partnerships with banks for student loans, which are readily available due to the institution's reputation. The annual fee for various courses ranges from INR 2.1 lakh to INR 11.95 lakh, with some fees increasing annually by 5-10%. There are limited scholarships for top academic performers and financial assistance for students with specific eligibility criteria.

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 By Collegedunia’s Personal AI

Why To Join NMIMS Mumbai - Reviews & Rating

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4.1
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3(4%)
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4.2
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4.2
Infrastructure
4.1
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3.8
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4.0
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4.0

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Harneet Kaur Sethi
4.4Helpful
Reviewed on Jul 28, 2025(Enrolled 2021)

Student Snaps:

Fees and Financial Aid:

The yearly tution fee is Rs250000. This is the tution fees including the registration fees, infra fees and everything.The other category is BALLB for which the fee is more or less same it may vary for 10000 or 20000.
...Read More
Nalin Kathuria
Nalin Kathuria
3.9Helpful
Reviewed on Jul 1, 2025(Enrolled 2023)

Student Snaps:

Fees and Financial Aid:

i paid around 3,50,000 a year which rounds upto around 10.5 L for a 3 years course whereas according to the new education policy if you want honours degree u will have to pay for 4 years also nmims increase there fees 10-15 percent every year . registration fees include 2000 approx cost for the noat plus a 6k deposit apart from that re exams and re valuation in end sem exams cost around 1500-2000. There is no such distinguishing factor between sc st or general
...Read More
Aayushi Shah
3.6
Reviewed on Jun 27, 2025(Enrolled 2021)

Fees and Financial Aid:

The fees is divided into 3 years. Every semester was costed at 18000 and if yearly payment was made, concession of 3000 was provided, taking the total to 33000 yearly. Next, there was exam registration fees of 600 per subject and assignment registration fees if you have not cleared in 3 attempts.
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Raghav Somani
Raghav Somani
5.0Helpful
Reviewed on May 29, 2025(Enrolled 2024)

Fees and Financial Aid:

NMIMS is certainly one of the most expensive colleges not just in Mumbai but in India. College fees itself is 5 lakhs a year and plus the hostel fees of 2.5 lakhs making it seven and half lakhs a year.
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Katyayini
4.0
Reviewed on May 19, 2025(Enrolled 2024)

Fees and Financial Aid:

The yearly fees to be paid for this particular courses at narsee munji is 3,00,000 per year, and it's worth the fees and scholarships are given for students according to their requirements ,and needs.
...Read More
Harshil Raichura
Harshil Raichura
4.6Helpful
Reviewed on Apr 15, 2025(Enrolled 2024)

Student Snaps:

Fees and Financial Aid:

In NMIMS, ASMSOC, the fees structure is specified yearly. The amount I pay is Rs. 3,60,000 per year. This includes everything, except the registration fees, i.e the amount paid for registering for entrance exam. There aren't any major scholarships avaliable in Nmims. For BSc Finance fees are Rs. 3,85,000. For B.Com it is Rs. 2,50,000 and for BBA (Fintech), it is Rs. 5,00,000.
...Read More
Review guru
4.4Helpful
Reviewed on Mar 26, 2025(Enrolled 2023)

Fees and Financial Aid:

The fees is taken in two tranches yearly. First year fees is prior to admission, once you secure one. Then when the next year approaches, you are asked to pay the final tranch. There is no reservation.
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Anmol Sinha
4.1Helpful
Reviewed on Mar 26, 2025(Enrolled 2024)

Fees and Financial Aid:

1. Fees are paid on yearly basis. 2. Tution fees- 55000, Developement fees- 15000, Other fees- 26000, Library fees- 1000, Security- 5000 Total- 102000/yearly 3. There are options for EMI payments from GrayQuest payment platform
...Read More
DAKSH
DAKSH
4.1
Reviewed on Mar 15, 2025(Enrolled 2006)

Fees and Financial Aid:

7lacs fees probably not worth the fees but okay course decent,no quota or scholarship,tution fees is 6.9 lacs everything including boomberg labs to atal labs and all are included in it. The course is quite decent and probably will be worth it in coming years
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Sridhar N
2.6Helpful
Reviewed on Mar 11, 2025(Enrolled 2023)

Fees and Financial Aid:

the first year here at Nmims i had paid 3,25,000 as the annual fee which included 1,80,000 as tuition fees and and the other fees in the remaining amount. i had come under the general class criteria and no other special category. other courses in our college like hotel management and engineering courses and psychology courses have comparatively less fees than us students of BBA and BCOM students. For example: for hotel management its 2,20,000 and for engineering courses its around 2,50,000 I am unaware of any scholarships and financial aids provided to students but very sure that there are none on merit basis
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Comments


Found 2 Comments

H
himanshu yadav
Mar 27, 2024 10:25
Do we get Scholarship in NMIMS Mumbai?
M
mansi jain
Mar 22, 2024 17:09
Is NMIMS very expensive?
A
Ashish Ramtari
Mar 23, 2024 07:48

NMIMS Mumbai is actually very expensive. The minimum fee charged for one year is INR 1.5 lacs and the highest one year fee is INR 11.95 lacs for MBA. However, the hostel and mess fees are charged less expensive. The hostel fee is around INR 1.80 lacs per year. 


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